looking better and better

Mycron looks good except it is a Bumi company. But this round, I also have Mycron

Steel manufacturing companies benefit from lower prices of raw materials, relieve from Megasteel monopoly and duty protection.

Choo Bee suffers from stock losses as prices come down and disappearance of their developers market in 2017.

Steel shares mostly look good ...even Hiap Tek and YKG can show turn around this year. Steel shares I have are Mycron, CSC, Ann Joo and Hiap Tek.

Choo Bee is just a trader, buy and sell and principally to housing developers....nothing there.


by probability > May 15, 2017 12:24 AM | Report Abuse

Mycron's steel tubes had expanded overseas... if you see their steel tube products (refer catalogs) - its of international standards unlike Choo Bee...but imagine if even Choo Bee is already exploring Foreign markets...

We have to assume what can go up will keep going up until the market turns bearish...and a lot of people holds on to their shares nervously and tries too hard to time the market.

That is why I believe most people under performs their ibot portfolio because people tends to sell too early and leaves too much on the table...I have to admit I am amongst those very quilty of selling too early.
Luckily, I have X power to help me get back in without leaking too much and also I made a lot of money earlier this year on Jaks and Sendai which gave me the courage.



y VenFx > May 15, 2017 12:17 AM | Report Abuse

Manmy, One belt One Road and China's determination to level up its Major Tech as a global player at least can Cheer for the region for 10-20 years.

go and buy Choo Bee and come back tell me the result in one year time.


probability > May 15, 2017 12:01 AM | Report Abuse

stockman ..suggest you rename yourself as X-Men
at least it sounds more powerful..he he

isn't Choo Bee a typical value trap?

I avoid this kind of share all the time.

a steel trader, no competitive advantage, no catalyst, no X factor, showing declining revenue, the company is in the process of downsizing....typical value investor stock.

Once upon a time, many many years ago I came across this equation

Share price = existing business + X factor.

All too obvious but it allows a way to value any share, no matter how high, how speculative it is.
As an accountant, we have no problem valuing an existing business but we have no way to make sense of more than 60% of the shares traded and the valuations given by the market.
The eureka moment comes when we accountants started to pay attention to the X factor and what the market is doing. My universe suddenly expands and I see more opportunities than before..
Mentally, we have to split between the existing business and the future business ( and X factors) given by the market cap and try to make sense of it and our opinions. It is a very powerful tool which I have employed. It adds clarity.

If you want to trade, you trade the X factor...others may call it the catalysts. If you want to invest, you also have to consider the X factors, not just the audited accounts and existing business.

X of course means anything that is unknown but knowable in future., or any proposals or acquisitions or changes in micro or macro environment.

If you look at kc work....he has almost exclusively devoted his work to the audited accounts , that is very silly isn't it?

And if you need just one book to improve your performance, I do not hesitate to recommend you to William O Neil's Book and his CANSLIM methodology. ...warning....it is not your typical value investors hand book.

(Google it yourself)

I think this forum has too much of Warren Buffalo and his bluffology already.

I think, at the end of the day...it is really about mind set and where you should emphasis and devote your energy.....remember 20% of the good effort produces 80% of the results.

Value investors keep talking about buying discounted assets and discounts prices...I say baloney, that is not how the market works 99% of the time.




Tai KT > May 14, 2017 11:20 PM | Report Abuse

pls post your X Factor or repost to I3, Dont wait.

I have 5400 posts and several dozen blogs.....we can discuss on any of those blogs and posts any time if only you point them out to me.




Tai KT > May 14, 2017 11:07 PM | Report Abuse

Manmy, why not you post an article regarding how you utilize your dynamic and X factor for stock pick. Let every one open their eye to see you powerful X factor Lol.

kc

A more honest assessment from you would be to admit your portfolio has under performed the rest of the ibot portfolios...and looking at the other bottom 10 portfolios as well, the last few months have not been good to value investors.....but the future nobody knows....not even stockmanmy....even stockmanmy cannot write any guarantee.

But to seek honesty from a salesman is rather peculiar.

kc

don't kid yourself.

I really like this kind of postings.

and good timing too.

You got the right spirit to be successful....may the X factor be with you.


popo92 > May 14, 2017 10:00 PM | Report Abuse

i think i really ought to work harder to be superrich who can buy 30% of jaks, if not i will be consider as low class investor

icon8818


I know two other persons , besides kc , get worshipped like that before...1 MDB's fatty and JJPTR fatty.

nothing else to offer?


Icon8818 > May 14, 2017 09:26 PM | Report Abuse

sorhai mammy! buntut ayam! terus membebel
nanti mati la lu bunuh diri macam optimus!

kc is grasping straws and creating excuses for his under performance....pure and simple.




Posted by cheahsk > May 14, 2017 09:18 PM | Report Abuse

Hi KC, Can you please elaborate a little on the NAV of a portfolio you just mentioned. What does this NAV tell us,how to calculate it and apply to our investment.

kc have managed to hand pick all the dead and non performing stocks of 2017......congratulations, kc.

am I the only one to say the Emperor wears no clothes?

Look at the details , the compositions of the bottom 10 portfolios in the ibot 230 portfolios....all KC types of value investing.

Beary, cheoky, kc, calvin, pauper( goodname)

value investors my foot....the correct description for brain washed people like you are losers....pure and simple.


Just look at the bottom 10 portfolios in ibot 230 portfolios.....all having the same stocks with same characteristics you and the popular memes have been promoting in i3 all these years.


Successful investors have learn the power of X factor long long ago.

why ?

is it because JJPTR boss is handsome?
because kc sells popular memes?

anyone who cannot have independent thinking
anyone who needs kc to feed you popular memes
you don't get success.

it is that simple.

no different from JJPTR if you have to contribute to JJPTR , you deserve what you get.

do not forget...despite all the smooth talking ......evidence suggest kc and raider way of doing things will land you near the bottom of this year's stock market performance.

kc and raider are not much different from JJPTR.

Got evidence in the bottom 10 portfolios of this year ibot 230 portfolio still cannot accept the evidence.

Am I the only one saying the Emperor wears no clothes?


I call that...totally and completely brain washed can no longer see reality.

to all i3 members, students of kc, freshies to the stockmarket....those just bought a value investing book

so you hope to make money and take no risk ?

I say baloney to you.

No risk no reward is the eternal truth about stock market.

don't let all those salesmen and value investing books con you.

yours is to handle risk, not to avoid risk.

so why is X factor important?

I think the main reason factor X is important is simply because no risk, no reward.

So much talk about value investing....most of the talk is about avoiding risk.

avoiding X factor.

if you want to avoid risk, don't expect the market to reward you.


this is clearly shown in the performance of the bottom 10 portfolio in this year's 230 ibot portfolio.

Factor X is the link between failed value investors and successful investors.

kc

I am not interested in your test.

what interests me is to find a stock with good factor X.

Singapore has Marina Bay

KL will have our Bandar Malaysia.

It will be more like Kowloon than Marina Bay if the whole thing is given to China developers

voters say no to China developers....CREC and wanda also out.

kc

diversification is a very important part of portfolio theory and compounding effects of portfolios.....any CFA student can attest to that.

kc

don't kid yourself about compounding


you have under performed and been lifted by a rising tide.

When low tide comes, your portfolio is not immune to going down.

Your job, my job as investors is to make sure we have much so hay that when winter comes, and winter will come, we are ahead of the game.

stubborn and obstinate.....

the market do not reward stubborn and obstinate.

the market rewards those who got their X factor right.

kc

I am more interested in you telling us how such a focused portfolio of yours can even start to talk about compounding?

what has happened to all the stuffs you learn while still a student?

but voters don't want to turn KL into Kowloon

we want to turn Bandar Malaysia into Marina Bay.





LearnFromMistake > May 14, 2017 12:29 AM | Report Abuse

haha, got kowloon in malay

but cheoky is unable to do any debate because it is all empty up there.

KC

At attempt to talk about compounding needs a very diversified portfolio. A truly well diversified portfolio such as mine

103) stockmanmy +33.1% 133050.38 http://klse.i3investor.com/servlets/cube/stockmanmy.jsp
14% LEONFB 0.740 0.465 25700|14% AIRASIA 3.480 2.290 5200|13% SAM 6.960 4.900 2400|12% AAX 0.500 0.360 33200|12% SCIENTX 8.720 6.700 1800|9% AEONCR 18.040 14.360 700|9% SCGM 4.290+0.02 3.400 2900|9% MAGNI 5.100+0.06 4.190 2400|7% CSCSTEL 1.990 2.150 4600 (132779.00:271.38|240.12)

At least, my portfolio is more qualified to talk about compounding.

KYY is flexible and good enough to show he can adapt to changed circumstances.


silom > May 14, 2017 12:07 AM | Report Abuse

good nite.

silom


stubborn and obstinate.....

the market do not reward stubborn and obstinate.

the market rewards those who got their X factor right.

silom


let me tell you

One whole life time of holding a mistaken view.......you cannot accept it even when faced with the evidence.

silom

it is not darts or random.....

222) calvintaneng +8.1% 108058.76 http://klse.i3investor.com/servlets/pfs/71329.jsp
21% DUTALND 0.455 0.400 49800|20% PBA 1.270 1.150 17300|20% BJCORP 0.370 0.340 58600|20% OPCOM 0.645 0.600 33200|19% BPURI 0.440 0.435 45800 (107878.00:180.76|237.24)

calvin calls himself a value investor

192) kcchongnz +16.1% 116122.59 http://klse.i3investor.com/servlets/pfs/71070.jsp
22% FIBON 0.695 0.555 37000|21% MAGNI 5.100+0.06 4.190 4800|20% FAVCO 2.790 2.380 8400|20% FLBHD 1.710 1.600 13700|16% LATITUD 5.350 4.900 3500 (116071.00:51.59|239.41)

kc calls himself a value investor.




Look at the bottom 10.................all the bottom 10 portfolios full of stocks of low PE, high NTA and traditional value investors stocks.


Am I the only one saying the Emperor wears no clothes?

kc

why does anyone who under performs in 2017 calls himself a value investor?

This stock will meet the fate of Iwcity within 3 months.

Icon follows Tony to sailang Asia Asia
That is called making use of X factor.

It will be more like Kowloon than Marina Bay if the whole thing is given to China developers.

Singapore has Marina Bay

KL will have our Bandar Malaysia.

Tony sailang AirAsia last year and works out well

AAX is a sailangable share for next 12 months.

AAX market cap $ 2 billion
Air Asia market cap $ 12 billion.

Because it works.
Works so well can drive Rolls Royce.


Posted by soojinhou > May 13, 2017 04:42 PM | Report Abuse

I don't know why is it such a big deal to promote the Golden rule, or x factor, or dynamic investing.

Beary, members of this forum...students of KC, value investors all over the world

As a value investor....this is what you get.....it is no accident. It has all the characteristics a value investor wants in his portfolio.



192) kcchongnz +16.1% 116122.59 http://klse.i3investor.com/servlets/pfs/71070.jsp
22% FIBON 0.695 0.555 37000|21% MAGNI 5.100+0.06 4.190 4800|20% FAVCO 2.790 2.380 8400|20% FLBHD 1.710 1.600 13700|16% LATITUD 5.350 4.900 3500 (116071.00:51.59|239.41)
https://klse.i3investor.com/blogs/ibot/122712.jsp

CFAs call it regression analysis.
Amateurs take last quarter result and multiply by 4.





zexon > May 13, 2017 03:22 PM | Report Abuse

Stock valuation contributes to partial earning and will be offset by floating price mechanism ultimately. We should focus on their growth of sales and their refinery efficiency

not surprising you know nothing about share market.


y cheoky > May 13, 2017 04:57 PM | Report Abuse

Sei sorchai Manny follow him strictly sure go Holland. Hope nobody follow his preaching.

check it out
this portfolio is no accident.
This is a value investor portfolio.

It has all the characteristic a value investor look for.



192) kcchongnz +16.1% 116122.59 http://klse.i3investor.com/servlets/pfs/71070.jsp
22% FIBON 0.695 0.555 37000|21% MAGNI 5.100+0.06 4.190 4800|20% FAVCO 2.790 2.380 8400|20% FLBHD 1.710 1.600 13700|16% LATITUD 5.350 4.900 3500 (116071.00:51.59|239.41)
https://klse.i3investor.com/blogs/ibot/122712.jsp



soojinhou > May 13, 2017 04:42 PM | Report Abuse

I don't know why is it such a big deal to promote the Golden rule, or x factor, or dynamic investing. I just call all of these common sense and risk management. It's no big deal, anyone with an iota of brain cell would have figured it out. I can't believe there r ppl talking about it day in day out like they r from Stone age and just discovered fire.

this portfolio is no accident.
This is a value investor portfolio.



sell > May 13, 2017 04:45 PM | Report Abuse

192) kcchongnz +16.1% 116122.59 http://klse.i3investor.com/servlets/pfs/71070.jsp
22% FIBON 0.695 0.555 37000|21% MAGNI 5.100+0.06 4.190 4800|20% FAVCO 2.790 2.380 8400|20% FLBHD 1.710 1.600 13700|16% LATITUD 5.350 4.900 3500 (116071.00:51.59|239.41)
https://klse.i3investor.com/blogs/ibot/122712.jsp

It is called X because it is the unknown factor or factors.

Your job is to figure it out and think about it as much as you think about PE ratio and NTA and DCF.